If You Want To Buy A Property In 2008  you should watch Out these companies:

New build properties - There are very limited mortgages for these properties.  There reason being that banks are unhappy with the way this type of property is valued. Obsviously it can only be valued above the same type of much older properties. Since property property prices are going down in 2008  much property are reducing in value. The only way to value new build properties is to in comparison to older build properties since the banks are nervous at the moment, theyve restricted lending for new build. Unless you have a big deposit more than £35, 000 forget it..you will struggle to you get finance.

BMV Companies - Prices are falling so you want to buy Below Market Value using BMV companies. This type of purchasing is more for investors. BMC companies used to state that you can bridge and remortgage to buy properties with no money.  Lenders recently closed this loophole. Some investments companies are still advertising workarounds but be very cautious. 

Land Sales Companies - There is no finance for land simply because you cannot rent an empty field to anyone.

What are your other options?

You can buy a property with a sitting tenant which happens to be the former owner. There are companies operating ethical sale and rent back scheme. You get to buy an investment with a tenant who will take good care of you property!